The Enterprise Software Market size was valued at USD 233.13 Billion in 2023 and is projected to reach USD 561.58 Billion by 2031, growing at a CAGR of 12% from 2024 to 2031.

Key Market Drivers
Increased Adoption of Cloud-based Enterprise Software: The shift to cloud-based enterprise software has been a major driver of market growth in recent years. This growth is driven by benefits such as reduced IT infrastructure costs, improved scalability, and easier software updates.
Growing Need for Digital Transformation and Automation: Enterprises across various industries are increasingly adopting enterprise software to enable digital transformation and process automation. Enterprise software helps streamline operations, improve efficiency, and enhance decision-making capabilities.
Advancements in Artificial Intelligence and Machine Learning: The integration of artificial intelligence (AI) and machine learning (ML) capabilities into enterprise software is another key driver of market growth. These technologies enable advanced data analytics, predictive insights, and intelligent automation, helping organizations make more informed decisions and improve productivity.

The Report Covers Global Business Software and Services Market Analysis and is Segmented by Software Type (ERP Software, CRM Software, BI Software, and Supply Chain Software), Deployment (Cloud and On-Premise), End-User Vertical (BFSI, Healthcare, Public & Institutions, Retail, Transportation, Manufacturing, and Other End-User Verticals (Telecom, Defense, Etc. )), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Market Size and Forecast are Provided in Terms of Value (USD) for all the Above Segments.

According to Cognitive Market Research, The Global Enterprise Software market size is USD 233514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.

North America Enterprise Software Market held 40% of the global revenue with a market size of USD 93405.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe Enterprise Software Market held 30% of the global market size of USD 70054.26 million in 2024.
Asia Pacific Enterprise Software Market held 23% of the global revenue with a market size of USD 53708.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
South America Enterprise Software market held 5% of the global revenue with a market size of USD 11675.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2031.
Middle East and Africa Enterprise Software Market held 2% of the global revenue with a market size of USD 4670.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Enterprise software is getting more potent and effective as a result of the integration of new technologies like machine learning (ML), artificial intelligence (AI), and the Internet of Things (IoT).
Enterprise software may assist businesses in delivering a happy customer experience by automating processes, personalizing communications, and enhancing customer support. Businesses are placing a greater emphasis on delivering a nice customer experience.

Increasing Need for Data-driven Decision Making to Increase the Demand Globally

The growing amount of data produced by companies emphasizes how important data-driven decision-making is. Large datasets from various sources are a challenge for enterprises, requiring advanced software solutions for effective data gathering, processing, and interpretation. With the use of these technologies, businesses may anticipate trends, find patterns, and extract insightful information that helps them make well-informed decisions on a range of tasks, including operations, marketing, and strategy. Businesses can gain a competitive edge, improve customer experiences, and optimize processes by utilizing machine learning algorithms and advanced analytics. Furthermore, the need for strong data analytics software is rising in today's corporate ecosystem due to the fact that being able to use data successfully is essential for remaining flexible and responsive to market dynamics in an increasingly digitalized world.

Growing Adoption of Cloud Computing to Propel Market Growth

Because of all of its advantages, cloud computing is becoming more and more popular in business environments. Scalability is a feature of cloud-based corporate software that enables firms to adapt resources to changing demand without having to make new infrastructure investments. Due to its intrinsic flexibility, distributed teams can collaborate and be more productive by having remote access to apps and data from any place. Additionally, pay-as-you-go pricing methods for cloud computing eliminate the need for upfront hardware expenditures and lower operating costs. It also provides data redundancy and improved security measures, reducing the dangers connected with on-premises storage. Cloud-based corporate software is becoming more and more popular across industries as companies place a greater emphasis on cost-effectiveness and agility.

Market Restraints of the Enterprise Software

Security Concerns to Limit the Sales

Businesses continue to have security concerns about cloud-based corporate software because of the possible hazards involved in storing sensitive data off-site. Even with the strong security measures that cloud service providers put in place, such as firewalls, encryption, and access controls, organizations are still concerned about data breaches, illegal access, and compliance problems. Furthermore, issues with data isolation and secrecy are brought up by the shared infrastructure architecture of cloud computing, particularly in settings with multiple tenants. Businesses are spending more money on extra security measures like data encryption, identity and access management, and recurring security audits in order to allay these concerns. Furthermore, strict contractual obligations and adherence to industry standards reduce risks and foste...

In 2020, the global enterprise applications software market reached 241 billion U.S. dollars. SAP is the leading player in the market, followed by Salesforce and Oracle. The market is forecast to grow rapidly in the coming years, reaching a size of 334 billion U.S. dollars in 2025.

The software market size is recorded to be USD 718.26 billion in 2024 and is expected to reach USD 2,088.89 billion by 2035, at a CAGR of 10.19%.

In 2024, IT spending on enterprise software amounted to over one trillion U.S. dollars worldwide, a growth of 12 percent from the previous year. Like nearly all sub-segments of the IT services industry, the enterprise software market has experienced high levels of growth lately, with market revenues more than doubling in the decade between 2010 and 2020. Enterprise software With year-on-year growth frequently exceeding 10 percent, the enterprise software market is the fastest growing segment in the overarching IT industry. Enterprise software aims at responding to the needs of organizations, often specifically addressing the efficiency of their core business processes. Many enterprise software sub-segments, such as business process management (BPM) software, enterprise resource planning (ERP) software, and customer relationship management (CRM) software, have grown into massive markets in their own right. CRM software focuses on analyzing and improving business interactions with both current and future customers and is expected to bring in over 55 billion dollars in sales in 2024. ERP software focuses more closely on corporate data collection and interpretation, and is forecast to account for another 107 billion dollars in overall revenue.

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Enterprise Application Software Market Size 2024-2028

The enterprise application software market size is forecast to increase by USD 134 billion at a CAGR of 7.81% between 2023 and 2028.

The Enterprise Application Software (EAS) market is experiencing significant growth, driven by the increasing adoption of cloud-based deployment solutions and the integration of advanced technologies such as artificial intelligence, machine learning, and the Internet of Things. These innovations enable organizations to streamline operations, improve efficiency, and gain valuable insights from their data. However, the market also faces challenges from open-source enterprise application software providers, which offer cost-effective alternatives to proprietary solutions. This trend is particularly prominent in the mid-market segment, where budget constraints and the need for flexibility are key considerations. To capitalize on this dynamic market, companies must stay abreast of emerging technologies and adapt their offerings to meet the evolving needs of their customers. Strategic partnerships, collaborations, and acquisitions can also provide opportunities for growth and differentiation. Overall, the EAS market presents significant opportunities for innovation and expansion, particularly for those able to effectively address the needs of mid-market organizations and deliver value-added services beyond core software functionality.

What will be the Size of the Enterprise Application Software Market during the forecast period?

Request Free SampleThe market encompasses a range of solutions designed to streamline business processes in a corporate environment. These applications cater to various sectors such as inventory control, project management, business intelligence, human resources, sales and service, finance and accounting, supply chain management, customer relationship management, e-commerce systems, and more. The market is characterized by continuous growth, driven by increasing adoption of IT initiatives to digitize line-of-business operations. Licensed applications continue to dominate the market, while open-source applications and cloud-based services gain traction due to their cost-effective and flexible deployment options. The trend towards cloud deployment is particularly prominent in areas like big data and data security. Enterprise application software plays a crucial role in enhancing productivity, improving efficiency, and driving innovation across industries. The market's size and direction reflect the growing reliance on technology to manage corporate networks and optimize various aspects of business operations.

How is this Enterprise Application Software Industry segmented?

The enterprise application software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. DeploymentOn-premisesCloud-basedSolutionEnterprise resource planningAnalytics and business intelligenceCustomer relationship managementSupply chain managementOthersGeographyNorth AmericaUSCanadaEuropeGermanyUKAPACChinaSouth AmericaMiddle East and Africa

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.Enterprise application software (EAS) is a critical component of business operations for organizations, enabling the automation of business processes, inventory control, project management, and more. The market for EAS is diverse, encompassing licensed and open-source applications, as well as cloud-based and on-premises deployment models. Large enterprises, particularly those in industries such as aerospace and defense, telecom and IT, energy and utilities, and finance and accounting, are significant consumers of EAS. The on-premises model, while requiring substantial upfront investment for hardware, software, and IT personnel, offers enhanced security due to end-to-end quality control and minimal third-party interference. However, this segment is expected to grow more slowly than the overall EAS market during the forecast period. Key applications within EAS include enterprise resource planning (ERP), project management tools, business intelligence (BI), and supply chain management (SCM) software. Cloud computing has significantly impacted the EAS market, enabling greater flexibility, scalability, and affordability for smaller businesses. Cloud-based applications offer the benefits of real-time analytics, system integration, and collaboration tools, making them increasingly popular for sales and service, marketing and sales, and human resources applications. The market for cloud-based EAS is expected to grow at a faster rate than the overall market due to these advantages. Data security is a major concern for organizations adopting EAS, and

Europe Business Software Market is Segmented by Software Type (ERP Software, CRM Software, BI Software, Supply Chain Software), by Deployment (Cloud, On-Premise), by End-User Vertical (BFSI, Healthcare, Public & Institutions, Retail, Transportation, Manufacturing, Other End-User Verticals (Telecom, Defense, Etc. )), and by Country (UK, Germany, France, Italy, Spain, Poland, Benelux, Romania, Czech Republic, Hungary, Rest of Europe). The Market Sizes and Forecasts are Provided in Terms of Value (USD ) for all the Above Segments.

The size and share of the market is categorized based on Type (Business Intelligence Software, Content Management Software, Customer Relationship Management Software, ERP Software) and Application (Healthcare, Media and Entertainment, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The revenue is forecast to experience significant growth in all segments in 2029. The trend observed from 2024 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the revenue across all segments. Notably, the Office Software segment achieves the highest value of 33.09 billion U.S. dollars at 2029. Find further statistics on other topics such as a comparison of the revenue in Poland and a comparison of the revenue in Lithuania. The Statista Market Insights cover a broad range of additional markets.

The global cloud enterprise application software market size reached USD 172.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 462.6 Billion by 2033, exhibiting a growth rate (CAGR) of 11.03% during 2025-2033. The rising need for scalable and flexible software solutions to support enterprise applications is stimulating the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with the cloud enterprise application software market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on solution and industry vertical.

Intelligent enterprise data capture software market is likely to reach a valuation of USD 12.6 billion by 2025 and will be valued at USD 39.3 billion in 2035. By 2035, the fetching sales are growing with a CAGR of 12.1%.

Contracts and Deals Analysis

Country-wise Insights

The global enterprise resource planning (ERP) software market is forecast to grow to around 101 billion U.S. dollars by 2026. SAP and Oracle are two of the leading vendor in the market.

Enterprise resource planning (ERP)

Enterprise resource planning (ERP) refers to the business process management software that allows businesses to integrate different aspects of business operations in one database, application and user interface. It is a type of enterprise software, which also includes human resource management (HRM) systems, customer relationship management (CRM), office suites, etc. The market is forecast to witness growth in the coming year – overall IT spending on enterprise software is projected to grow to 462 billion U.S. dollars by 2020. In comparison to other IT segments such as data center systems and hardware devices, enterprise software has a more consistent growth pattern, signaling businesses’ steady and high demand of software support.

The size and share of the market is categorized based on Type (On-Premise, Cloud-Based) and Application (Healthcare Providers, Healthcare Payers) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The Enterprise Communication & Collaboration System Market is Segmented by Deployment (On-Premise, Cloud-Based), Application (Communication Tools, Conferencing Tools, Coordination Tools), End-User Industry (Telecommunications and IT, Travel, and Hospitality, BFSI, Retail and Consumer Goods, Education, Transportation, and Logistics, Healthcare), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

The global Enterprise Software Development Services market was valued at USD 7,783 million in 2025 and is projected to expand at a CAGR of 7.2% from 2025 to 2033, reaching USD 10,864 million by 2033. Enterprise software refers to a type of software program designed specifically for organizations to streamline their operations and automate various business processes. Key factors driving market growth include increasing demand for cloud-based solutions, growing adoption of digital transformation initiatives, and rising need for customized software solutions. Other growth drivers are the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies, rising emphasis on data security and compliance, and the increasing complexity of enterprise IT environments. However, factors such as lack of skilled developers and high implementation costs are expected to restrain market growth to some extent. Leading market players include Microsoft, IBM, Oracle Corporation, Google, and ServiceNow, among others.

Custom Software Development Market Report is Segmented by Solution (Web-Based Solutions, Mobile App, Enterprise Software), by Deployment Model (On-Premise, Cloud), by Enterprise Size (Small and Medium Enterprises, Large Enterprises), by End User Vertical (BFSI, Healthcare, Retail, Government, IT & Telecom, Manufacturing, Others), by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

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Enterprise Labeling Software Market Size 2024-2028

The enterprise labeling software market size is forecast to increase by USD 133.9 mn at a CAGR of 6.59% between 2023 and 2028.

The market is witnessing significant growth due to several key trends. The adoption of enterprise labeling solutions is increasing as businesses seek to streamline their labeling processes and improve efficiency. Dynamic labeling, which allows for real-time updates to labels, is gaining popularity as it enables companies to quickly respond to changing regulations or product information. The market is experiencing growth as companies leverage data integration and analytics to streamline labeling processes, ensuring greater accuracy, compliance, and operational efficiency. Moreover, stringent government regulations mandating accurate and compliant labeling are driving the need for enterprise labeling software. These factors are expected to fuel market growth In the coming years. The market landscape is constantly evolving, and staying abreast of these trends is essential for businesses looking to remain competitive.

What will be the Size of the Enterprise Labeling Software Market During the Forecast Period?

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The market encompasses solutions designed for creating, managing, and printing labels in various industries. Compliance with regulations and ensuring labeling accuracy are key drivers for this market. Real-time updates and customizable templates enable businesses to maintain consistency and adapt to changing requirements. Integration capabilities with enterprise systems, data management planning, and the printing process are essential for streamlining workflows and improving efficiency. Innovative technology, such as automation and machine learning, enhances labeling quality and speed, providing a competitive edge.
A user-friendly interface and economic conditions influence market demand. Urbanization and the growing need for packaging solutions, branding, and on-premises-based software further expand the market's reach. Overall, the market continues to grow, offering significant benefits to businesses seeking to optimize their labeling processes.

How is this Enterprise Labeling Software Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Deployment

  On-premise
  Cloud


End-user

  FMCG
  Retail and e-commerce
  Healthcare
  Warehousing and logistics
  Others


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany


  Middle East and Africa



  South America

By Deployment Insights

The on-premise segment is estimated to witness significant growth during the forecast period.

The market is driven by the need for compliance, creation, management, printing, and real-time updates of labels in various industries. Large enterprises require unique labeling solutions to meet diverse industry standards and traceability regulations, ensuring product quality and customer satisfaction. On-premise and cloud-based enterprise labeling software offer agility, scalability, and flexibility, optimizing operations and enhancing resilience and adaptability. Compliance management, seamless collaboration, contactless processes, safety measures, and predictive analytics are key features. Driving factors include digitalization, automation, and evolving challenges in logistics and e-commerce. However, varying industry standards, implementation costs, legacy systems, and integration challenges pose restraining factors. Enterprise labeling software solutions offer customizable templates, integration capabilities, and language support, catering to the economic condition, urbanization, and packaging solutions.

Brands prioritize a data-driven approach and regulatory requirements In their labeling strategy. The market is expected to grow, with key players catering to enterprise sizes and time to market.

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The On-premise segment was valued at USD 163.80 mn in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 41% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in APAC is projected to experience significant growth due to the increasing number of end-users in sectors such as food and beverage, personal care products, and pharmaceuticals.

Market Overview:

United States software market size is projected to exhibit a growth rate (CAGR) of 4.36% during 2024-2032. The growing demand in remote healthcare, patient management, and medical data analysis, increasing shift from on-premises software solutions to cloud-based services, and rising popularity of low-code and no-code development platforms represent some of the key factors driving the market.

Software is a collection of instructions, data, or programs used to operate computers and execute specific tasks. It is intangible and created through a process known as software development, which involves stages like planning, design, coding, testing, and maintenance. It can be broadly classified into two types, including system software, which provides the basic functions needed to operate a computer like operating systems device drivers, and application software that enables users to perform specific tasks, such as word processors, games, and business applications. It enhances productivity through the automation of tasks, facilitates analysis and data management, provides entertainment and educational resources, and enables communication and information access on a global scale. It helps businesses to operate and in decision-making processes through data analytics and artificial intelligence (AI). It also assists in organizing and simplifying daily activities, thereby improving quality of life. It operates across various industries, ranging from healthcare and education to finance and entertainment, serving as the backbone of both mundane and complex tasks. It is also used for automating repetitive tasks, such as scripting languages, task automation tools, and workflow automation platforms.

United States Software Market Trends:

At present, the rising digital transformation across various industries to improve efficiency, enhance customer experience, and innovate business processes and models represent one of the key factors impelling the market growth in the United States. Additionally, the increasing incorporation of AI and machine learning (ML) into various software applications, such as data analytics, business intelligence, and customer relationship management (CRM) to gain actionable insights, automate processes, and create more personalized experiences for users is bolstering the market growth in the country. Besides this, the growing shift from on-premises software solutions to cloud-based services like infrastructure as a service (LaaS), platform as a service (PaaS), and software as a service (SaaS) for remote working capabilities, data storage solutions, and scalable infrastructure is offering a favorable market outlook. In addition, the increasing emphasis on user experience (UX) and design in software development is encouraging software companies to create intuitive, user-friendly interfaces. This trend is also driven by the importance of UX as a key differentiator in software adoption and customer satisfaction. Furthermore, the growing popularity of low-code and no-code development platforms for enabling individuals without extensive programming knowledge to create applications is positively influencing the market. Apart from this, the rising demand for software solutions in remote healthcare, patient management, and medical data analysis, driven by the need for more efficient and accessible healthcare services, is strengthening the market growth in the country.

United States Software Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, deployment mode, enterprise size, and industry vertical.

Type Insights:

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• Application Software
  • Enterprise Resource Planning (ERP)
  • Customer Relationship Management (CRM)
  • Supply Chain Management (SCM)
  • Enterprise Collaboration Software
  • Enterprise Content Management (ECM) Software
  • Education Software
  • Others
• System Infrastructure Software
  • Network Management Systems (NMS)
  • Storage Software
  • Security Software
• Development and Deployment Software
  • Enterprise Data Management (EDM)
  • Business Analytics and Reporting Tools
  • Application Servers
  • Integration and Orchestration Middleware
  • Data Quality Tools
• Productivity Software
  • Office Software
  • Creative Software
  • Others
    

The report has provided a detailed breakup and analysis of the market based on the type. This includes application software (enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), enterprise collaboration software, enterprise content management (ECM) software, education software, and others), system infrastructure software (network management systems (NMS), storage software, and security software), development and deployment software (enterprise data management (EDM), business analytics and reporting tools, application servers, integration and orchestration middleware, and data quality tools), and productivity software (office software, creative software, and others).

Deployment Mode Insights:

• On-premises
• Cloud-based
  

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes on-premises and cloud-based.

Enterprise Size Insights:

• Small and Medium-sized Enterprises
• Large Enterprises
  

The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes small and medium-sized enterprises and large enterprises.

Industry Vertical Insights:

• IT and Telecom
• BFSI
• Retail
• Government/Public Sector
• Energy and Utilities
• Healthcare
• Others
  

A detailed breakup and analysis of the market based on the industry vertical have also been provided in the report. This includes IT and telecom, BFSI, retail, government/public sector, energy and utilities, healthcare, and others.

Regional Insights:

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• Northeast
• Midwest
• South
• West
  

The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.

Competitive Landscape:

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